- Wedbush analyst Daniel Ives initiated Xos Inc (NASDAQ:XOS) with an Outperform rating and a price target of $10, implying an upside of 113%.
- The analyst notes that Xos looks to tap into the growing EV market by leveraging its highly experienced management and engineering teams to address the medium to heavy-duty last mile and return-to-base vehicles.
- Ives states that acting as one of the first movers in this burgeoning area of the EV market, Xos has a proven product that is already on the road with the ongoing development of future iterations.
- Price Action: XOS shares are trading higher by 3.15% at $4.67 on the last check Monday.
111, Inc. Deepens Partnership with Bayer Healthcare
111, Inc. ("111" or the "Company") (NASDAQ:YI), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today